340 Mount Vernon Road, Newark, OH 43055
$425,000
Property Type:
Commercial
Square Footage:
2,576
Lot Size (sq. ft.):
10,019
Status:
Active
Current Price:
$425,000
List Date:
6/03/2026
Last Modified:
8/24/2026
Listing Details MLS# 226020023
Location Property Info
- Original List Price
- 599900
- Property Sub Type
- Retail
- Street #
- 340
- Street Name
- Mount Vernon
- Street Suffix
- Road
- County
- Licking
- State
- OH
- Zip Code
- 43055
- Subdiv/Cmplx/Comm
- Downtown Newark
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-05-28
General Property Info
- Total SqFt Available
- 2576
- Bldg Sq Ft
- 2576
- Max Cont Sqft Avail
- 2576
- Minimum Sqft Avail
- 1776
- # of Floors Above Gr
- Yes
- Year Built
- 1953
- Lot Size (Side)
- 89
- Acreage
- 0.23
- # of Docks
- 0
Tax Info
- Parcel #
- 054-270120-00.000
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 2747
T Reimburses L
- Curr Yr Est $/SF TRL
- Yes
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Location & Property Info
- List Price/SqFt
- 164.98
- City (Mailing Addr)
- Newark
- Corp LimitPerAuditor
- Newark
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- No
- Lease Rate $/Sq Ft
- 0
Remarks & Misc
- Property Description
- Commercial real estate and established carryout business offered together in Newark, Ohio. Sale includes the commercial building, operating business, C1/C2 beer and wine permits, inventory, equipment, fixtures, and attached tenant space. Situated on approximately 0.45 acres with LC (Limited Commercial) zoning, the property offers flexibility for a variety of commercial uses. Located less than three minutes from Downtown Newark with convenient access to State Route 16 and the greater Columbus region. The property benefits from multiple revenue sources, including retail sales, beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop. The attached tenant currently occupies a portion of the building, creating an additional income stream. Located within Newark CRA #1 and Commercial TIF District 7-2, the property is positioned within an area experiencing significant public and private investment. Licking County continues to benefit from substantial economic growth driven by semiconductor manufacturing, advanced manufacturing, technology investment, housing development, and infrastructure improvements throughout the Silicon Heartland region. This offering presents an opportunity to acquire commercial real estate and an established operating business in one of Central Ohio's fastest-growing markets. Potential exists for continued operation, modernization, expanded product offerings, and long-term ownership of the underlying commercial real estate asset.
Income/Expenses
- Gross Income
- 1
- Net Operating Income
- 1
- Total Expenses
- 1
Addl Acceptance Cond
- None Known
- Yes
Construction
- Block
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
New Financing
- Conventional
- Yes
- Owner Financing
- Yes
Business Type
- Retail
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Sewer:
Public Sewer
Services Available:
Electricity Available; Natural Gas Available; Sewer Available
Construction:
Block
Business Type:
Retail
New Financing:
Conventional; Owner Financing
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Rudolph V Stefanitsis
Last Updated: August - 24 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.